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Advertising firm $IPG said that its 2Q16 organic revenue growth was 3.7%. Excluding the impact of lower pass-through revenues, underlying organic revenue wa 4%. The company said that acquisitions had a positive impact of 30 BP, while FX was a negative 1.8%. Due to this, $IPG posted total revenue growth of 2.2%.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?